Nothing Special   »   [go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/hur/ijaraf/v6y2016i4p301-312.html
   My bibliography  Save this article

The Role of Target Costing in Reducing Costs and Developing Products in the Jordanian Public Shareholding Industrial Companiesn

Author

Listed:
  • Ghassan Falah Matarneh
  • Abdel-Rahman Kh. El-Dalabeeh
Abstract
This study aimed to identify the role of target costing in products cost reduction, as well as identify the role of target costing in products development in Jordanian shareholding industrial companies. The questionnaire has been prepared for this purpose and distributed to a sample of (60) Jordanian shareholding industrial companies who responded to this study, and (51) questionnaire was subjected to analysis. The results were analyzed data showed a number of results one of the most important, It leads the application of target costing system to reduce costs in the Jordanian industrial companies, as well as the study showed that the application of target costing system leads to the development of products in the Jordanian industrial companies is reflected through the many considerations taken into account. The study recommended that there is a need to activate the necessary elements for further costing reduction, and try to use elements currently available as an initial step for the application.

Suggested Citation

  • Ghassan Falah Matarneh & Abdel-Rahman Kh. El-Dalabeeh, 2016. "The Role of Target Costing in Reducing Costs and Developing Products in the Jordanian Public Shareholding Industrial Companiesn," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 6(4), pages 301-312, October.
    • Handle: RePEc:hur:ijaraf:v:6:y:2016:i:4:p:301-312
    as

    Download full text from publisher

    File URL: http://hrmars.com/hrmars_papers/Article_29_The_Role_of_Target_Costing_in_Reducing_Costs.pdf
    Download Restriction: no
    File URL: http://hrmars.com/hrmars_papers/Article_29_The_Role_of_Target_Costing_in_Reducing_Costs.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ibusuki, Ugo & Kaminski, Paulo Carlos, 2007. "Product development process with focus on value engineering and target-costing: A case study in an automotive company," International Journal of Production Economics, Elsevier, vol. 105(2), pages 459-474, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marcus Grieger & André Ludwig, 2019. "On the move towards customer-centric business models in the automotive industry - a conceptual reference framework of shared automotive service systems," Electronic Markets, Springer;IIM University of St. Gallen, vol. 29(3), pages 473-500, September.
    2. Cheng-Wen Lee & Chi-Hsi Wang, 2021. "Value Analysis and Value Engineering on the Sustainability of Global Sourcing Competitiveness," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 11(6), pages 1-1.
    3. Odysseas Pavlatos & Hara Kostakis, 2022. "Exploring the Relationship between Target Costing Functionality and Product Innovation: The Role of Information Systems," Australian Accounting Review, CPA Australia, vol. 32(1), pages 124-140, March.
    4. Formentini, Marco & Romano, Pietro, 2011. "Using value analysis to support knowledge transfer in the multi-project setting," International Journal of Production Economics, Elsevier, vol. 131(2), pages 545-560, June.
    5. Stadtherr, Frank & Wouters, Marc, 2021. "Extending target costing to include targets for R&D costs and production investments for a modular product portfolio—A case study," International Journal of Production Economics, Elsevier, vol. 231(C).
    6. Yun Luo & Pengcheng Xiang & Yiming Wang, 2020. "Investigate the Relationship between Urbanization and Industrialization using a Coordination Model: A Case Study of China," Sustainability, MDPI, vol. 12(3), pages 1-17, January.
    7. Heinz Ahn & Marcel Clermont & Stephan Schwetschke, 2018. "Research on target costing: past, present and future," Management Review Quarterly, Springer, vol. 68(3), pages 321-354, August.
    8. Yonggu Kim & Eul-Bum Lee, 2018. "A Probabilistic Alternative Approach to Optimal Project Profitability Based on the Value-at-Risk," Sustainability, MDPI, vol. 10(3), pages 1-24, March.
    9. Afonso, Paulo & Nunes, Manuel & Paisana, António & Braga, Ana, 2008. "The influence of time-to-market and target costing in the new product development success," International Journal of Production Economics, Elsevier, vol. 115(2), pages 559-568, October.
    10. Karim, M.A. & Smith, A.J.R. & Halgamuge, S.K. & Islam, M.M., 2008. "A comparative study of manufacturing practices and performance variables," International Journal of Production Economics, Elsevier, vol. 112(2), pages 841-859, April.
    11. Ofileanu Dimi & Bumbescu Sorina Simona, 2014. "Target Costing – The Response Of The Managerial Accounting To Changes In The Environment," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 45-55, June.
    12. Gopalakrishnan, Mohan & Libby, Theresa & Samuels, Janet A. & Swenson, Dan, 2015. "The effect of cost goal specificity and new product development process on cost reduction performance," Accounting, Organizations and Society, Elsevier, vol. 42(C), pages 1-11.
    13. Castagne, Sylvie & Curran, Richard & Collopy, Paul, 2009. "Implementation of value-driven optimisation for the design of aircraft fuselage panels," International Journal of Production Economics, Elsevier, vol. 117(2), pages 381-388, February.
    14. Yadav, Om Prakash & Goel, Parveen S., 2008. "Customer satisfaction driven quality improvement target planning for product development in automotive industry," International Journal of Production Economics, Elsevier, vol. 113(2), pages 997-1011, June.
    15. Hamid Reza Fartookzadeh & Mahdi Fartookzadeh, 2018. "Value Engineering and Function Analysis: Frameworks for Innovation in Antenna Systems," Challenges, MDPI, vol. 9(1), pages 1-14, April.
    16. Carsten Homburg & André Hoppe & Roman Schick & Amelie Braul, 2021. "Accounting for preference dependency in target costing – a note," Review of Quantitative Finance and Accounting, Springer, vol. 57(3), pages 845-858, October.
    17. Kazemi, Fatemeh & Hossein pour, Nazanin & Mahdizadeh, Hassan, 2022. "Sustainable low-input urban park design based on some decision-making methods," Land Use Policy, Elsevier, vol. 117(C).
    18. Joohyung Lim & Sungchul Choi & Chiehyeon Lim & Kwangsoo Kim, 2017. "SAO-Based Semantic Mining of Patents for Semi-Automatic Construction of a Customer Job Map," Sustainability, MDPI, vol. 9(8), pages 1-17, August.
    19. Hosseinpour, Nazanin & Kazemi, Fatemeh & Mahdizadeh, Hassan, 2022. "A cost-benefit analysis of applying urban agriculture in sustainable park design," Land Use Policy, Elsevier, vol. 112(C).
    20. Yazdifar, Hassan & Askarany, Davood, 2012. "A comparative study of the adoption and implementation of target costing in the UK, Australia and New Zealand," International Journal of Production Economics, Elsevier, vol. 135(1), pages 382-392.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hur:ijaraf:v:6:y:2016:i:4:p:301-312. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hassan Danial Aslam (email available below). General contact details of provider: http://hrmars.com/index.php/pages/detail/Accounting-Finance-Journal .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.